Defiance Daily Target 2X Long LMND ETF (NASDAQ:LMNX) Sees Large Increase in Short Interest

Defiance Daily Target 2X Long LMND ETF (NASDAQ:LMNX) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 10,281 shares, an increase of 165.0% from the June 30th total of 3,880 shares. Based on an average trading volume of 48,072 shares, the days-to-cover ratio is presently 0.2 days. Currently, 2.9% of the shares of the company are short sold.

Defiance Daily Target 2X Long LMND ETF Stock Performance

NASDAQ:LMNX traded down $0.09 during mid-day trading on Tuesday, reaching $13.95. The stock had a trading volume of 52,961 shares, compared to its average volume of 43,569. Defiance Daily Target 2X Long LMND ETF has a twelve month low of $10.17 and a twelve month high of $55.00. The business has a 50 day simple moving average of $14.91 and a 200 day simple moving average of $19.79. The firm has a market capitalization of $5.30 million, a price-to-earnings ratio of 27.35 and a beta of -9.04. The company has a debt-to-equity ratio of 0.52, a quick ratio of 6.08 and a current ratio of 8.37.

Defiance Daily Target 2X Long LMND ETF Company Profile

Luminex Corporation develops, manufactures, and sells proprietary biological testing technologies and products for the diagnostics, pharmaceutical, and research industries worldwide. Its products include Luminex 100/200 that integrates fluidics, optics, and digital signal processing; FLEXMAP 3D system for use as a general laboratory instrument; MAGPIX system, a multiplexing analyzer for qualitative and quantitative analysis of proteins and nucleic acids; MicroPlex, MagPlex, xTAG, SeroMAP, and calibration and control microspheres; xPONENT, a software suite to simplify laboratory workflow and enhance productivity; and TDAS, an analysis program designed for development and optimization of nucleic acid assays.